Belarus: localization at BelGee at 50%

Localization at the Belarusian-Chinese car manufacturing joint venture BelGee has reached virtually 50%. Belarusian Industry Minister Vitaly Vovk made the relevant statement. When asked when the joint venture would reach the 50% localization target, the official noted: “We have virtually reached the goal.” Vitaly Vovk said that two enterprises were launched together with the holding…

Belarus: BelAZ exports up in January-May 2018

In January-May the Belarusian automaker BelAZ increased its exports by almost 58.9% in comparison with the same period a year before, the company reported. In January-May the company exported 96% of the output. The growth of supplies to Russia went up by 46.4%, and to the CIS countries (excluding Russia) – 3.3-fold. The leading consumers…

Belarus: MAZ to ship 100 buses to Ukraine

The Ukrainian city of Lvov will acquire 100 urban buses from the Belarusian automobile engineering company MAZ. The buses will be assembled and shipped to Ukraine by the end of the year, the company’s representatives reported. The buses are meant for the Ukrainian city’s mass transit system operator. They will be used to transport passengers…

Ukraine: largest manufacturer of electric vehicles interested in cooperation

BYD Company, the world’s largest manufacturer of electric vehicles and lithium batteries, is considering the possibility of locating its production on the territory of Ukraine with further expansion into the European market. This was discussed during the meeting of Infrastructure Minister of Ukraine Volodymyr Omelyan with Isbrand Ho, Managing Director of BYD Europe, the press…